Kesar Enterprises reports standalone net loss of Rs 25.46 crore in the September 2022 quarter

Kesar Enterprises reports standalone net loss of Rs 22.57 crore in the September 2021 quarter

Kesar Enterprises reports standalone net loss of Rs 11.79 crore in the December 2020 quarter

BRIEF-Kesar Enterprises Dec-Qtr Net Loss After Tax Widens

Shares of Kesar Enterprises will remain in focus, as the company’s board is meeting on Thursday to consider quarterly results for the period ended September 2019 and deliberate on voluntary delisting

Kesar Enterprises: All eyes on result, delisting

In the Nifty pack, 15 stocks were trading in the green, while 34 stocks were in the red. 

Kesar Enterprises, Optiemus Infra among top losers on BSE

Kesar Enterprises, Thiru Arooran, Uttam Sugar Mills, Simbhaoli Sugars, Bajaj Hindustan, Ugar Sugar, Dhampur Sugar Mills and Dalmia Bharat Sugar were up 4% to 8% on the BSE

Sugar stocks in focus; Shree Renuka, Mawana Sugars up over 10%

Triveni Engineering, Dwarikesh Sugar, Balrampur Chini, Kesar Enterprises, Magadh Sugar and Simbhaoli Sugars were trading down in the range of 5% to 8% on the BSE at 02:27 pm.

Sugar shares fall after Cabinet gives nod for bailout package

Hasn't faired well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

The stock has a moderate number of red flags

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Kesar Enterprises Limited is engaged in the manufacturing of sugar and its byproducts, manufacturing of alcohol and alcoholic beverages by distillation, and generation of renewable power.